SACHKHAND NANAK DHAM INTERNATIONAL STATEMENT OF ACCOUNTS 31 AUGUST 2024 CHARITY COMMISSION NO 515484 SACHKHAND NANAK DHAM INTERNATIONAL STATEMENT OF ACCOUNTS 1 YEAR TO 31 AUGUST 2024 CONTENTS Page1. Trustee's Annual Report Page 2. Independent Examiners Report Page 3. Statement of Financial Activities Page 4. Statement of Assets & Liabilities Pages 5 - 6. Notes to the Accounts SACHKHAND NANAK DHAM INTERNATIONAL TRUSTEE'S ANNUAL REPORT CHARifv NAME.. Sachkhand Nanak Dham Intemational REGISTERED CHARITY NUMBER: 515484 FOR THE FINANCIAL YEAR BEGINNING: 1 st September 2023 FOR THE FINANCIAL YEAR ENDING.. 31st August 2024 CHARITYS PRINCIPAL ADDRESS: 11 Church Hill Road Handsworth Bimiingham B20 3TN NAME OF THE CHARITY TRUSTEE'S.. Mr Tarsem Singh Mr Hardev Singh Mr Amritpal Singh-(Treasurer) Mr Tarkeshver Chander-(General Secretsry) Mr Jaswinder Singfv(Assistsnt General Secretsry)-was appointed on th8 last AGM held on 23rd September 2023 & Mrs Angela resigned. Dèscription of the Gharity's trust GOVERNING DOCUMENT.. Constitution OBJECTS OF THE CHARITY.. For the advanc8ment of the precept of one divine being as expounded by Mahraz Darshan Das and to provide publlc worship of God by means of gathering for prayers and religious observances. A¢tlvltl8s and Achievements CHARITYS ACTIVITIES AND ACHIEVEMENTS DURING THE YEAR: The Charity ha8 assisted various people, organisations and institutes during the year. The trustses have approved the trustee's report above. SIGNATURE: MR TARKESHVAR CHANDER GENERAL SECRETARY DATED: 16th October 2024 SACHKHAND NANAK DHAM INTERNATIONAL INDEpENDE￿r EXAMINER'S REPORT ON THE ACCOUNTS REPORT TO THE TRUSTEES OF.. Sachkhand Nanak Dham International REGISTERED CHARITY NUMBER: 515484 ON ACCOUNTS FOR THE YEAR ENDED.. 31st August 2024 SET OUT ON PAGES.. 3to7 RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER.. As the Charivs trustees you are responsible for the preparation of the accounts,. you consider that an audit is not reqUI￿d for this year under the Charities Act 2011. s.144(2) (the 2011 Act) and that an independent examination is needed. It is my rèsponsibility to state, on the basis of prO￿dureS specifted in the Gen8ral Directions given by Ihe Charity Commission under s.145{5){b) of the 2011 Act, whether particular matters have com8 to my attention. BASIS OF INDEPENDENT EXAMINERS REPORT.. My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination indudes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes conslderation of any unusual items or disclosures in the accounts, and seeking explanation from you as trustees ¢onceming any such matters. The procedures undertak8n do not provide all the eviden￿ that would be required in an audit, and Consequently I do not express an audit opinion on th8 V18w given by the accounts. INDEPENDENT EXAMINER'S STATEMENT: In connectlon with my examination, no matter has come to my attention which gives me reasonable cause to believe that in any material respect and requirements.. to keep accounting records in accordance with s.130 of the 2011 Act and to prepare a¢￿untS which accord with the accounting records and comply with the accounting requirements of the 2011 Act, have been met: or to which, in my opinion, attention should be drawn in order to enab18 a proper understanding of th@ accounts to be ￿athed. SIGNED: DATED: 16th October 2024 NAME.. Shabir Nawab & Co Accountsnts Ltd ADDRESS.. 11 Portland Road Edgbaston Birmingham B16 9HN SACHKHAND NANAK DHAM INTERNATIONAL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2024 NOTES 2024 2023 INCOMING RESOURCES DONATION: Unrestricted Funds 90,169 109.534 TOTAL INCOMING RESOURCES 90.169 109.534 RESOURCES EXPENDED Direct Charitable Expenditure Property Expenses Administration Expenses Fund Raising Expensès other Exp8ns88 Finance Costs 33,893 18,733 14,827 8,765 142 27.043 18.712 15.020 11.228 7) 75,960 71,996 NET INCOMING RESOURCES FOR THE YEAR 14,209 37,538 Fund Balances brought forward 1,100,301 1.062,763 Fund Balance carried forward 1,114,510 1,100,301 The notes on page 5 to 6 form part of these accounts. SACHKHAND NANAK DHAM INTERNATIONAL STATEMENT OF ASSETS & LIABILITIES AS AT 31 AUGUST 2024 NOTES 2024 2023 FIXED ASSETS 974,823 970.380 CURRENT ASSETS Debtors Cash at Bank Cash in Hand 5,979 136.363 402 4,666 120.403 5.702 142,744 130,771 LESS: CURRENT LIABILITIES Creditors 10 3,057 850 3,057 850 NET CURRENT ASSETS 139,687 129,921 NET ASSETS 1,114,510 1,100.301 FUNDS Unrestricted 1,114.510 1,100,301 1.114.510 1,100,301 Approved by the Board of Trust88s on 16th October 2024 and signed on its behalf by MR TARKESHVAR CHANDER GENERAL SECRETARY The note8 on page 5 to 7 fomi part of these accounts. SACHKHAND NANAK DHAM INTERNATIONAL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024 1 ACCOUNTING POLICIES AND FINANCIAL YEAR END Basis of Accounting The financial statements have been prepared in accordance with Accounting and Reporting by Charities: ststement of Recommended Practice applicable to chartties preparing their accounts in accordance with the Financial Reporting Standard {FRS102) and the Charities SORP and the Charities Act 2011. Change in Basis of accounting or to previous accounts There have been no change to the valuation rules and methods of accounting since last year and no changes have been made to accounts for previous years. TRUSTEES There was no remuneralion or other benefits paid to the Charitys trustees or people connected with them, from the Charity or any company connected with it. There were no transactions undertaken by the Charity in which a trustee or connected person has a material interest. SUNDRIES The Charity does not have any commitments not provided for in the accounts. The Charity has not given any guarantees. The Charity has not received any loans secured on any of its assets. The Charity did not have any contingent liabilities. The Charity does not receive grants as matertal part of its income. TAXATION The charity is exempt from tsx on its charitable activities. 2024 2023 2 PROPERTY EXPENSES Alami Maintenance General Insurance General Rates Heating & Lighting Repairs & Renewals Water Rates 959 4,666 1,542 15,076 9,390 2,060 4,252 1,586 7,291 11,814 1.536 33,693 27,043 3 ADMINISTRATION EXPENSES Advalising Depreciation of Fixed Assets Motor Running Expenses Postage & Stationery Subscriptions Sundry Expenses Telephone Travelling Expenses Wages 320 3,657 1,773 200 507 733 614 721 10,208 320 4,016 2,549 401 655 498 3,410 6,022 18,733 18,712 4 FUND RAISING EXPENSES Food & Provisions Hall Hire 13.817 810 14,708 312 14,627 15.020 5 OTHER EXPENSES Donations Professlonal Fees 1,006 7,759 8,765 3,061 8,167 11,228 SACHKHAND NANAK DHAM INTERNATIONAL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024 2024 2023 6 FINANCE EXPENSES Bank Interest Bank Charges (186) 328 {102) 95 142 (7) Freehold Properties Motor Vehicle Fixtures & Equipment 7 FIXED ASSETS TOTAL COST Balance as at 31 August 2024 Additions Disposals Balance as at 31 August 2024 958,619 8.100 23.750 41,700 1,024,089 8,100 966,719 23.750 41,700 1,032,189 DEPRECIATION Balance as al 31 August 2024 Disposals Charged In year Balance as at 31 August 2024 21,949 1,799 31,740 1,858 53,889 3,657 23,748 33,598 57,346 NEf BOOK VALUE At 31 August 2024 966,719 8,102 974.823 At 31 August 2023 958,619 1.801 9,960 970,380 2024 2023 8 DEBTORS Prepayments: _ General Insurance 5,979 4.666 5,979 4,866 9 CASH AT BANK Unrestricted Funds 136,363 120,403 BANK ACCOUNT ANALYSIS Lloyds Bank- Current AJC No 3595929 Lloyds Bank- Current Alc No 60458160 National Westminster Bank - Current AIC No 55289665 National Westminster Bank - Deposit AIC No 55299741 64,778 35,403 22,552 13,630 54.295 31,987 22,151 11.970 136,363 120,403 10 CREDITORS Creditors: Amounts OW8d Accruals.. Prof88sional Fees Social security & other taxes-Paye 1,815 950 292 850 3,057 850